News & Events
Conciliation on 10.11.2014 fails - STRIKE ON 12TH NOV & RELAY STRIKES IN DECEMBER STANDS
In the negotiations held today (10.11.2014), IBA stuck to their earlier stand on 11%, despite the flexibility of UFBU in scaling down the demand to 23%. Consequently, the conciliation also ended in stalemate. Hence, strike on 12th November and relay strike in December stands. March ahead and make the strike a total success. 
Pay Fixation of Ex-Servicemen Re-Employed in Public Sector Banks - AIBEA Circular

CIRCULAR LETTER NO. 27/51/2014/7                                 18th February, 2014

 

To All Office Bearers / State Federations /

All India Bankwise Organisations:

Dear Comrades, 

Reg:  Pay Fixation of Ex-Servicemen Re-Employed in Public Sector Banks

In the recent months there have been number of queries regarding the fixation of Pay for Ex-servicemen re-employed in our Banks.  Earlier, we had taken up the matter with the Government and consequently, the Grade Pay which was being ignored was clarified to be included while fixation of pay is done.  However, there have been other issues like Military Service Pay, etc. and hence once we had taken up the matter with the IBA and Government.  Recently, the IBA has given its detailed guidelines in consultation with the Government.  We furnish herein the IBA?s Circular in this regard along with their Guidelines and Government?s clarification.  Units are requested to take note of the same for guidance. 

With greetings,

Yours Comradely,

C.H. VENKATACHALAM

GENERAL   SECRETARY
   
       
Central Office: TKV Smarakom, Mahakavi Bharathiyar Road,
Near KSRTC, College P.O., Ernakulam, Kochi – 682 035. Kerala (India)
Ph. (0484) 2363263 Fax: 2366832
 
   
Email: akbefekm@gmail.com